Bts Tactical Correlations

Mutual Funds . USA . 
Fund . Bts Tactical Fixed
BTFRX Fund  USD 7.66  0.01  0.13%   
The current 90-days correlation between Bts Tactical Fixed and Bts Tactical Fixed is -0.12 (i.e., Good diversification). The correlation of Bts Tactical is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

Bts Tactical Correlation With Market

Very weak diversification

The correlation between Bts Tactical Fixed and DJI is 0.57 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Bts Tactical Fixed and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bts Tactical Fixed. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Moving together with Bts Mutual Fund

  0.96BTFCX Bts Tactical FixedPairCorr
  0.93BTSRX Bts Managed IncomePairCorr
  0.77EEQAX Bts Enhanced EquityPairCorr
  0.81BSIKX Blackrock StrategicPairCorr
  0.8BSICX Blackrock Strategic OppsPairCorr
  0.81BASIX Blackrock Strategic OppsPairCorr
  0.78BSIIX Blackrock StrategicPairCorr
  0.73JSORX Jpmorgan Strategic IncomePairCorr
  0.72JSOZX Jpmorgan Strategic IncomePairCorr
  0.66JSOCX Jpmorgan Strategic IncomePairCorr
  0.73JSOSX Jpmorgan Strategic IncomePairCorr
  0.74JSOAX Jpmorgan Strategic IncomePairCorr
  0.75PMZCX Pimco Mortgage OpporPairCorr
  0.67PDI Pimco Dynamic IncomePairCorr
  0.71FTCAX Templeton Strained BondPairCorr
  0.77LSIIX Loomis Sayles InvestmentPairCorr
  0.71CSGCX Calvert Balanced PorPairCorr
  0.74TILCX T Rowe PricePairCorr
  0.74PRSIX Trowe Price PersonalPairCorr
  0.7TEMUX Emerging Markets EquityPairCorr
  0.96KAMCX Kensington Managed IncomePairCorr
  0.74BEQAX Equity GrowthPairCorr
  0.75BUBSX Baird Ultra ShortPairCorr
  0.82WEGRX Allspring Emerging GrowthPairCorr
  0.65FICMX Federated GovernmentPairCorr
  0.75FTZFX Fuller Thaler BehavioralPairCorr
  0.74QGRPX Ubs Quality GrowthPairCorr
  0.69LGLFX Lord Abbett GrowthPairCorr
  0.68ATECX Ab Sustainable GlobalPairCorr
  0.72OPTIX Oppenheimer CapitalPairCorr

Moving against Bts Mutual Fund

  0.66USPSX Profunds UltrashortPairCorr
  0.66USPIX Profunds UltrashortPairCorr
  0.66UIPIX Ultrashort Mid CapPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Bts Mutual Fund performing well and Bts Tactical Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Bts Tactical's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2025 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY